Mercedes Avionn, Broker, RDCPro

Mercedes Avionn, Broker, RDCPro left a comment for Richard Lawler

"Hello Richard,
I have been with Titanium for almost three years. I lost count of how many assignments I have done. But, during the second year I was able to list three of the properties but they did not sell. I currently have two listings that…"

Mercedes Avionn, Broker, RDCPro replied to Karen Knight's discussion Titanium Solutions

"I have been working with Titanium Solutions for almost two years now in the Houston area. It is a great company to work for. Their main concern is helping the homeowners find solutions to prevent foreclosure. Never a problem with getting paid for…"

Mercedes Avionn, Broker, RDCPro commented on John Occhi's blog post How to Do a Good BPO – with the emphasis on GOOD!

"Thank you for taking the time to share."

Mercedes Avionn, Broker, RDCPro commented on Jonathan's blog post IAS & Other Expecting Increasing Inventory

"Thank you for sharing."

Mercedes Avionn, Broker, RDCPro left a comment for Corey Barnes

"Ok. I will do that. Thanks."

Mercedes Avionn, Broker, RDCPro left a comment for Corey Barnes

"Thank you for your comment. I contacted Land America about doing the REO listings. They sent me an REO application which requires four years of previous REO listing and selling experience complete with three references contact information for the…"

Mercedes Avionn, Broker, RDCPro left a comment for Donna Lavin - CDPE, SFR

"Thank you for your comment. I contacted Land America about doing the REO listings. They sent me an REO application which requires four years of previous REO listing and selling experience complete with three references contact information for the…"

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Comments

Richard Lawler November 11, 2009 at 9:42am

Mercedes,
Thanks for the reply! I can tell that you listen to your clients; you are one of the only ones that gave me the response the message asked for...
I started over two years ago knocking the doors of homes that were likely to be upside down in the near future. Most had loans (1st and 2nd) that have adjusted or will in the near future. My goal was to let these homeowners know they do not have to pay an up front fee to anyone to find if they qualify for a loan modification. This was a great way to build my SOI.

Great job! Richard
Richard Lawler November 10, 2009 at 1:54pm

Hello Mercedes,
I have been with Titanium Solutions which I think is a great company with a great mission. I was wondering because after doing about 27 assignments over the past year I have yet to get one to listing. Even following up still none have gone forward to sell their homes. What kind of success have you had thus far? Richard Lawler rdlawler@netzero.net
Jonathan December 14, 2008 at 5:03am

Let me attempt to shed some light. I don't know if Land America assigns listings (I'm sure they do at some point); however what I do now is they do BPO's for several AM's as a way of getting a 2nd opionion of value (These are not listings they will be getting anytime soon). I had a recent new listing assignment, and Land America send out the agent for the 2nd BPO. This agent's value came in 72,000 more than my value. Why? Do agents really think they are going to get listings if they inflate the value. Fact of the matter is , usually an appraisal is ordred as well and the diffrence is split. Good for me the appriasal was lower than the agents inflated value; however it sure makes it difficult when BPO agents that don't have a chance of getting that particular listing sky rocket your values. Moral of the story is do the BPO's as if they were your listing. You don't want inventory sitting becuase it's over priced for the market and thats what would have happend had the bank given me the other agents price. Instead I've got multiple offers in 3 days on a property that is Priced in the low 500K. My BPO to Close values have consistantly been within 3-7K when the AM's listen.
Corey Barnes November 6, 2008 at 7:24am

oooppss now....
Corey Barnes November 6, 2008 at 7:23am

that is correct. most companies run the same way. Some do the Reo some do not. so you just need to ask.... i would fill out the app anyways and send it in to them. you never know...
Donna Lavin - CDPE, SFR November 5, 2008 at 8:24pm

Hi Mercedes, I have done a lot of BPOs for LandAmerica and always met their dates, did last minute BPOs and lately I have not received any orders. I never got a listing from them. I talked to the asset manager about being able to get listings but it was ignored. I just say okay Donna move on to the next one.

Donna
Corey Barnes November 2, 2008 at 10:13am

I have done several bpos for land america. None of them have turned into reos. I currently have 4 do on Mon... focus on the bpos and apply to other companies.

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